Primoris Services (PRIM) Stock Price, News & Analysis

Company Overview

Primoris Services Corporation (NASDAQ: PRIM) is a diversified specialty contractor that provides comprehensive construction, maintenance and engineering solutions to clients across the energy, infrastructure and industrial markets. The company’s core services include electrical transmission and distribution, oil and gas pipeline and facility construction, water and wastewater treatment plant projects, and heavy civil infrastructure works. Primoris delivers turnkey project execution through preconstruction planning, design-build capabilities and long-term maintenance agreements, serving both public and private sector clients.

Since its inception in 1960, Primoris has grown through strategic acquisitions and organic expansion to become one of North America’s leading specialty contractors. Headquartered in Dallas, Texas, the company has established regional offices and project sites throughout the United States, with notable concentrations in the Southwest, West Coast and Gulf Coast regions. Primoris also maintains a smaller footprint in Canada and Latin America, where it executes pipeline and power infrastructure assignments for global energy producers and utility companies.

Primoris’s portfolio spans a range of market segments, including electric utilities, midstream oil and gas operators, municipal water authorities and industrial manufacturers. Key offerings encompass transmission and distribution line construction, compression station installation for natural gas pipelines, rehabilitation of water treatment facilities, and civil works for highways and bridges. The company leverages advanced construction methodologies, proprietary fabrication facilities and an experienced workforce to manage complex, large-scale projects on schedule and within budget.

Leadership at Primoris is headed by President and Chief Executive Officer Anthony T. Morris, who has guided the company’s strategic vision and integration of acquired businesses since joining the board in 2013. Under his stewardship, the management team has emphasized operational efficiency, technology adoption and safety performance. Primoris’s executive suite and board of directors comprise industry veterans with extensive backgrounds in engineering, construction management and corporate governance, positioning the company for continued growth in its core markets.

Key Stats

• Today's Range: $87.60 to $88.85
• 50-Day Range: $69.63 to $88.49
• 52-Week Range: $45.92 to $90.86
• Volume: 1.25 million shs
• Average Volume: 787,533 shs
• Market Capitalization: $4.78 billion
• P/E Ratio: 29.30
• Dividend Yield: 0.36%
• Price Target: $90.22
• Consensus Rating: Moderate Buy

Primoris Services Stock Analysis - MarketRank™

Primoris Services scored higher than 82% of companies evaluated by MarketBeat, and ranked 33rd out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Primoris Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Primoris Services has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 24.23%

Earnings Growth

Earnings for Primoris Services are expected to grow by 24.23% in the coming year, from $3.26 to $4.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Primoris Services is 29.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Primoris Services is 29.30, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 16.02.

Price to Book Value per Share Ratio

Primoris Services has a P/B Ratio of 3.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.57% of the float of Primoris Services has been sold short.

Short Interest Ratio / Days to Cover

Primoris Services has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Primoris Services has recently increased by 5.63%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Primoris Services has a dividend yield of 0.37%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Primoris Services has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Primoris Services is 8.47%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Primoris Services will have a dividend payout ratio of 7.90% next year. This indicates that Primoris Services will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -2.97

Percentage of Shares Shorted

4.57% of the float of Primoris Services has been sold short.

Short Interest Ratio / Days to Cover

Primoris Services has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Primoris Services has recently increased by 5.63%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.94

News Sentiment

Primoris Services has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Primoris Services this week, compared to 9 articles on an average week.

Search Interest

94 people have searched for PRIM on MarketBeat in the last 30 days. This is an increase of 527% compared to the previous 30 days.

MarketBeat Follows

3 people have added Primoris Services to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Primoris Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,160,550.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Primoris Services is held by insiders.

Percentage Held by Institutions

91.82% of the stock of Primoris Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRIM Stock Analysis - Frequently Asked Questions

How have PRIM shares performed this year?

Primoris Services' stock was trading at $76.40 at the beginning of the year. Since then, PRIM stock has increased by 15.8% and is now trading at $88.4860.

How were Primoris Services' earnings last quarter?

Primoris Services Co. (NASDAQ:PRIM) posted its quarterly earnings data on Monday, May, 5th. The construction company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.70 by $0.28. The company's quarterly revenue was up 16.7% on a year-over-year basis.

Does Primoris Services have any subsidiaries?

Primoris Services subsidiaries include Future Infrastructure, Willbros Group, Coastal Field Services, Florida Gas Contractors, Northern Energy & Power, Mueller Concrete Construction Company, Aevenia Inc., and others.

Who are Primoris Services' major shareholders?

Primoris Services' top institutional shareholders include Congress Asset Management Co. (1.47%), A. D. Beadell Investment Counsel Inc. (0.15%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.13%) and Redhawk Wealth Advisors Inc. (0.08%). Insiders that own company stock include John P Schauerman, Thomas Edward Mccormick, David Lee King, Carla S Mashinski, Jeremy Kinch, John F Moreno Jr, Travis L Stricker, Stephen C Cook and John M Perisich.
View institutional ownership trends.

How do I buy shares of Primoris Services?

Shares of PRIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Primoris Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Primoris Services investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Alphabet (GOOG) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 5/05/2025
• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Dividend Payable: 7/15/2025
• Today: 7/19/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Construction
• Industry: Water, sewer, & utility lines
• Sub-Industry: Construction & Engineering
• Current Symbol: NASDAQ:PRIM
• CIK: 1361538
• Web: www.prim.com
• Phone: (214) 740-5600
• Fax: N/A
• Employees: 12,800
• Year Founded: 2004

Price Target and Rating

• Average Price Target for Primoris Services: $90.22
• High Price Target: $110.00
• Low Price Target: $73.00
• Potential Upside/Downside: +2.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.78
• Trailing P/E Ratio: 29.30
• Forward P/E Ratio: 27.14
• P/E Growth: N/A
• Net Income: $126.14 million
• Net Margins: 2.68%
• Pretax Margin: 3.77%
• Return on Equity: 15.23%
• Return on Assets: 4.88%

Debt

• Debt-to-Equity Ratio: 0.61
• Current Ratio: 1.38
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: $6.60 billion
• Price / Sales: 0.72
• Cash Flow: $6.40 per share
• Price / Cash Flow: 13.82
• Book Value: $23.17 per share
• Price / Book: 3.82

Miscellaneous

• Outstanding Shares: 54,002,000
• Free Float: 52,961,000
• Market Cap: $4.78 billion
• Optionable: Optionable
• Beta: 1.37